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and u.s. technology giants have been fighting each other in the courts over technology for smartphones and other mobile devices. the people at samsung say they added iphone 5, apple's iphone 5 to a patent infringement lawsuit. samsung alleges the latest smartphone violates eight of its patents. the claim targets technologies for displays data and storing photos. lawyers for samsung say they will exclude patents on the high speed wireless communications protocol known as lte. samsung has an edge in this technology. samsung received a green light from a u.s. district court in california in another case. the company can resume sales of its tablet device the galaxy 10.1 in the u.s. market. the court decided in june to temporarily ban sales. it lifted the injunction after a separate lawsuit in august found this particular tablet did not infringe on apple patents. >>> in other news ahmadinejad blamed the enemies of iran for the fall of its currency. u.s. and european leaders imposed sanctions in july to encourage them to abandon the nuclear missions. >> translator: sanctions are used as a ps
building up their forces and deploying tanks along the border. u.s. secretary of state hillary clinton has condemned syria for the shelling of the turkish town. >> we are outraged that the syrians have been shooting across the border. >> clinton said the u.s. government is consulting with turkey over what she called a very dangerous situation. turkey is a nato ally of the u.s. she called on responsible nations worldwide to push the syrian government into a cease-fire and political transition of power. >>> emergency workers in syria are doing what they can to hp the wound aftern attack in the city of aleppo. at least three powerful explosions ripped through the center of the commercial capital. they killed more than 30 people. state run tv reports explosions occurred near an officer's club in the northern city. opposition forces are claiming responsibility. they say they used the car bombings to target officers and militias loyal to president bashar al assad. the free syrian army renewed its offensive last week in an effort to win control of aleppo. government forces responded with air stri
. both firmsre providers for apple's iphone and they both use a high speed wireless communication protocol called long term evolution. the stronger yen is believed to be a factor in soft bank's decision in acquiring sprint nextel. they are hoping to vastly expand their network and customer base in the united states where the market is showing considerable growth. if successful the deal would lead to the creation of a te telecommunications wh more than 19 millionsubscrers. >>> u.s. markets ended lower dragged down by lackluster earning reports. the dow jones extended its losing streak to four days. this is the lowest closing since september 11. we go to ramin who is at the tokyo stock exchange. what can you tell us? >> good morning. following the slight losses that we saw in new york we got to keep track of the tex sector following advance micro devices that cut its forecast. it fell nearly 9%. intel also fell. we're going to keep track of latest stocks here. let's have a look at the opening levels for the nikkei and the topix. 8,590 up for the nikkei. the negative playinghroughhe
computers in mind. new pc models will have screens that can be separated from their keyboard and used as tablet devices. they hope the launch of windows 8 will boost sales. >>> syrian military commanders say they will abide by a cease-fire during a muslim holiday over the weekend. they accepted a truce proposed by the united nations. governments in opposition forces have showed little sign of letting up in their fighting and the cease-fire could be tested on several fronts. syrian's army command said it will respect the cease-fire. the truce will run from friday through monday. the military statement says army commanders reserve the right to retaliate against rebel attacks. the head of the opposition forces military council said they agreed to the cease-fire. the two sides kept up the fight in several places ahead of the truce. government forces are reported to have sent in reenforcements. neither sides respected a cease-fire in april. the spokesperson said they welcomed the cease-fire and urged both sides to adhere to it. >> obviously the world is now watching to see what will happen
their decision. opposition commanders harbor their own suspicions. they suspect government forces would use a pause in the fighting to rebuild their strength. >> u.n. officials say they may send peacekeepers into syria if government and opposition forces respect the truce. >>> the united nations has welcomed brahimi's initiative calling ate first step toward a sustainable end to all violence. the council healed a closed-door video conference from brahimi. he reported the latest developments to council members. security council president rosenthal read out a statement urging all parties to support the cee-fi. >> the members of the security council called upon all parties, in particular on the government of the syrian arab republic as the stronger party, to respond positively to the initiative of the joint special representative. >> council members urged the syrian government to allow aid workers immediate and unimpeded access to those in need of help. >>> the government of sudan is blaming israel for an attack on an arms factory in the capital khartoum. it has threatened to retaliate. the fa
national security threats, warning their technology equipment could be used for spying. >> susie: i'm susie gharib. it's that time of year again, earnings season, we look at what wall street's expecting from third quarter results. >> tom: and speaking of seasons, it's already looking a lot like christmas for the nation's retailers. this year could be the best ever for online holiday shopping. >> susie: that and more tonight on "n.b.r."! >> tom: two of china's top telecommunications companies are a threat to u.s. national security. that's the conclusion of the u.s. house intelligence committee after a year-long investigation into emerging technology giants z.t.e. and huawei. huawei says the report relies on rumors and speculation, and the company warns a trade battle could cost the jobs of thousands of workers in the united states. but, as darren gersh reports, there is growing bipartisan agreement that this is the right time to get tough on chinese cyber-theft. >> reporter: in unusually blunt language the bipartisan leadership of the house committee warned u.s. companies not to buy their br
. good to have you with us. here's what is coming up -- the war of drug gangs in marseille. question of legitimacy -- why houses in lithuania could be torn down. and symbols of the cave -- why there are so many castles in germany. south of france is one of europe's most popular tourist destinations, but few people actually have my say on their mind. france's second-largest city has always had a bit of a dodgy reputation. drug trafficking and crimes is big in marseille, just like in any of the port city, and the gangs that dominate the scene have been involved in a brutal war for months now. more than 20 people have been killed since the beginning of this year. >> the northern district of marseille are rundown and neglected. drug gangs rule supreme here. they control entire housing estates, guarding the entrance is. we would not have dared to come here unaccompanied. the streets are no go areas. normally camera crews are driven away forcibly. we have a former police officer with us. he investigated crime here for 20 years. he and his colleagues were not often successful, but they mana
unbelievable. but a single electronic devices appears to have powered the gain in u.s. retail sales last month. if you haven't guessed it, we're talking about the iphone 5. a remarkable five million of them were sold in their first weekend alone. and that appears to have boosted electronics sales by 4.5% in september. that was the biggest increase since the iphone 4s came out in october of last year. but the gain in retail sales wasn't only because of iphone. >> if you do take iphone, we still would have had a fairly decent 0.7% gain in overall retail sales spending activity. that's a very significant pop. we haven't seen that kind of growth over the past six months or so. >> reporter: and sales did rise in every retail category except department stores. consumers may be feeling better about spending. thanks to higher stock prices and stabilizing home values. >> we've seen a nice improvement in the economy over the past three months and also seen a solid rebound in wage growth and that's given consumers more confidence and more discretionary spending power. >> reporter: but unemployment is sti
and general jim jones. >> i quite agree that my judgment is that much of the world wants u.s. leadership, they don't feel comfortable without it, but they no longer react to any dictatorial or any due toarls from us. they want to participate but they also want to be listened to. >> i am not even sure where the word leader hip is a good word to describe the role americ should play in the world. we should be playing the stilizg role. wehoulbe organizing our coalitions, we should be a source of stability, but when we talk about leadership, too many people think of the iraq and 2003, which was a fatally bad exercise of leadership. >> rose: we conclude this evening with dexter filkins of the new yorker magazine who has a remarkable story about death in iraq and reunion in the united states. >> the i interviewed a guy in the peace, a psychiatrist who used the term moral injury and he sa a t of soiers a marines stuff from moral injury, which he described as sort of it happens when you get an order, you do something that you believe at the time was absolutely correct and the only thing you could
with the european union. rahim mellegard joins us from the business desk. good morning. so more belt-tightening spending cuts. one starts to wonder when the greeks will get their house in order. >> exactly, catherine. and market investors have been looking at greece for a very long time now. really, they want to see if this plan is actually going to play out properly through the markets. greece is set to agree -- with its international creditors on tougher austerity measures as well as reforms. the deal is going to unlock fresh aid for the debt-ridden nation. representatives from the international monetary fund, european commission, as well as the european central bank released a statement on wednesday after meeting greek officials. the statement said all sides are poised to agree on an austerity package that's worth 13 billion euros or $17 billion to meet the terms of greece's bailout. now the creditors say working level talks with greece will be wrapped up within a few days. that's after both sides finalize labor market reforms, as well as other outstanding issues. a decision on an
. no financial decision is expected to be made at this summit. >> checking in on the markets. u.s. stock prices closed yesterday as mixed corpote earnings. for more details let's going to ching lee. can you tell us more about the volatilities in the market. >> reporter: u.s. markets took a hit. the results which were released prematurely by mistake showed a sharp drop in profits. let's take a look at how it's moving markets in tokyo this friday morning. both the kkeind the topix down. t the nikkei managed to close at a three-week high yesterday. today we're expecting china's flash business sentiment. also we'll be tracking the reaction of high-tech stocks and the reaction to the poor earnings results. ramin. >> there's a lot of speculation right now in the markets about what it's going to result from the ongoing eu summit. any progress on that? >> reporter: we can expect some heated debates between germany and france and over how a single supervisory body should go on. there's the issue of whether the euro zone should be put under central control. some heated debate there. one headline that we
from the u.s. some nations want to speed up the pullout of the soldiers. but the meeting confirms there would be no changes to the withdrawal plan. nato ministers insisted that afghan military and police control an area covering three-quarters of the country's population. they also agreed to drop plans to train afghan troops and police to handle the aftermath of the combat troop withdrawal. nato secretary-general anders flores mussen insists it's based on assessment of the situation in afghanistan. >> it's not because isaf partners rushed for the exit. it's not because of lack of cohesion within our coalition. on the contrary. >> but relations between na nato-led forces and afghanistan have been strained by insider attacks. afghan military and police or people wearing afghan uniforms have killed more than 50 foreign soldiers this year. >>> people in north korea are marking the 67th anniversary of the founding of their ruling workers party. it's the first time the reclusive nation's leader kim jong-un has overseen the celebrations. workers lined up on the a hill in pyongyang to off
. >> woodruff: mark shields and david brooks will be watching with us here in the studio, along with our colleague jeffrey brown, newshour political editor christina bellantoni, and presidential historian michael beschloss. we'll hear from all othem after the debate, when we'll also be joined by ari shapiro and scott horsley of npr. they are at lynn university. >> ifill: we're also streaming the debate online and offering additional content on our live blog. >> woodruff: and here now is tonight's moderator, bob schieffer of cbs news. from the campus of lynn university here in boca raton, florida. this is the fourth and last debate of the 2012 campaign brought to you b the cmissn onresintial debates. this one is on foreign policy. i'm bob schieffer of cbs news. the questions are mine. and i have not shared them with the candidates or their aides. the audience has taken a vow of silence. no applause, no reaction of any kind except right now when we welcome president barack obama and governor mitt romney. (applause) >> thank you. >> thank you, good to see you again. (cheers and applause) >>
because every four years they rediscover us, hispani hispanics, and then they forget about us for three years and then they rediscover us again. >> annocer: fundings pvid by carnegie corporation of new york, celebrating 100 years of philanthropy and committed to doing real and permanent good in the world. the coalberg foundation, independent production fund with support from the partridge foundation, a john and poly guff fund. the cla meant foundation, park foundation. dedicated to heightening public awareness to public issues. the herb al per the foundation. their mission is to promote compassion in our society. th jo d. and thryn t. mcarthur foundation committed to building a more just, and peaceful world. more information at mak found.org. the bess see and jessie fink foundation. the h.k.h. foundation. barbara g. fleischmann and by our sole corporate sponsor, mutual of america, designing customized, individual, and group retirement products. that's kwl we're your retirement company. >>> welcome. miions of u were waiting this week for mitt romney and barack obama to connect with reali
>>> glad to have you with us on this edition of "newsline." economists at the international monetary fund have said the risk of a slowdown are alarmingly high. they released their latest report to coincide with the imf and world bank meetings and the economists say they're concerned japanese banks are so heavily vested in government bonds. the report says japanese government bonds account for 24% of assets of banks in japan. the institutions could suffer heavy losses if bond prices plummet. banks around the world see japanese and u.s. government bonds as safer assets in the face of the prolonged credit crisis in europe. they snapped up japanese bonds, causing the yen to spike to record levels. imf economists note japan and the united states are facing huge deficits and the countries need to implement fiscal reforms to maintain investor confidence. it also acknowledges a decision by eurozone countries to launch a permanent fund designed to bail out struggling members. they say worries about the health of the region's financial system have increased since the spring with the n
fear the government is responsible. they use every opportunity to insult us. >> turkey's sunni prime minister called the alawis his -- >> there is only one place for muslims to go and pray. that is the mosque. i don't have anything against their cultural centers. they create divisions in society. >> the idea of men and women dancing together is unimaginable to some muslims. they sing songs and recite poetry while worshiping. their perspective is humanistic and less dogmatic. they worship the son-in-law of the profit mohammad. men and women are symbolically equal, which they show by watching each other's hands. -- washing each other's hands. >> the creator made a man and woman out of a drop of water. if that is how he sough why shouldn't reat them equally? >> for sunnis, such an immense amount to heresy. they generally keep their traditions and songs to themselves. the syrian dictator is part of a related sect. >> if there is a dictatorship, the people should get rid of it. it is not the business of oth cotrieso get involved. we have seen what has happened in the so-called arab spring
, you've got to respond to them. and for my money what i would like to do is see us really start to rethink our whole way of relating to that part of the world and i would -- if i had my druthers-- i say this half seriously, half tongue in cheek-- i'd like to see arne duncan, secretary of education, be put in charge of middle east policy. because i tnk what really neeto be moving toward this there is a kind of race formula. >> rose: we continue looking at foreign policy issues in the campaign with david sanger of "new york times" and richard haass in the council on foreign relations. >> he basically laid out a conditional foreign policy. saying "look, the era where we give aid to you all and you act as you see it is over. we will work with you but only so long as if you meet us halfway, whether it's protecting our diplomatic missions, the way you eatwomen, grls and minorities, your foreign policy against israel and terrorism." i think that's an important statement and i think it's one that people in both parties should be able to support. >> he wants to portray president obama h
stopping business, travel and the presidential election campaign. people in the u.s. northeast are looking out their windows and seeing the blurry images of a storm that's headed their way. weather experts have downgraded hurricane sandy to a post tropical cycne but it' inging high winds and pelting rain to people up and down the coast. two people are missing after a ship soff of north carolina. several municipalities have declared a state of emergency. the storm is unusually large. it's expected to cut across ne jersey over thxt several hours. electricity.0 houses have lost back obama made a direct appeal to people in the hurricane's path. >> the most important message that i have for the publicight now islease listen t wt your state and local officials are saying. when they tell you to evacuate, you need to evacuate. >> 370,000 new yorkers who live close to the water have already left. city officials have shut down the transit system. businesses and shops have closed. workers are piling up sand bags in front of subway entrances and buildings. >> it's vr important. this is the stop the wa
>>> hitting the battleground. >> hello, florida. u.s. president barack obama visits swing states and tries to win over voters who can make a difference. the u.s. president and the man that wants that job are back on the campaign trail after the last debate. barack obama and mitt romney are traveling through several states that could determine the election two weeks from now. they're both trying to do the same thing, win over undecided voters. president obama spoke to his supporters in florida, one of the key battleground states. he said romney had changed his stance on several issues monday during the debate on foreign policy. obama reused the term he coined for flip-flops, romnesia. >> there is no more serious issue in a presidential campaign than trust. the person who leads this country, you've got to have some confidence then he or she means what he or she says. >> romney spoke at a rally in henderson, nevada. he said obama is resorting to attacks in the absence of new ideas of his own. romney said he can stand criticisms for obama f two weeks. he says he can't stand four more
, bringing wind, rain, and snow to parts of the mid-atlantic and northeastern u.s. she has cut a path of destruction, flooding, and massive power outages as the death toll from the storm stands at 17 across seven states. even as sandy makes her way to canada, the destruction is devastating. high winds pushed the atlantic ocean up and over seawalls, flooding entire neighborhoods. the wind and water teamed up to cut power to millions of people along the eastern seaboard. the storm surge even continued today as sandy tracked through western pennsylvania and new york state. the storm has affected an estimated one out of every five americans, bringing some business to a standstill over flooding, closed airports, and no public transportation. while rescue efforts continue tonight, early damage estimates are still rough, running between $10 billion and $20 billion, according to eqecat. hurricane irene did $10 billion damage 14 months ago. >> susie: wall street was closed again today for the second straight day because of hurricane sandy. this is the first two-day weather-lateshutdown since 1
in the field. they use multipurpose stem cell and then use mice. researchers take the cells of female mice to generate induce potent stem cells or ips cells. they apply protein to develop germ cells. the researchers transplanted the cells into ovaries. they generated in producing reproductive cells or ova. they place the fertilized egg in female mice. then the miece did what the tea hope for. they gave birth to normal offspring. >> research on chromosones will help achievement. >> this group generated last year in generating male sperm. he says they need to consider the ethics of creating life. >>> pan's marite se-defense force has spotted a chinese naval fleet traveling in international waters. it's the first chinese fleet seen in the area since japan nationalized three of the islands last month. the japan's defense ministry announced that seven vessels navigated on thursday evening. they were heading toward the pacific when spotted. the chinese fleet made up of tw destroyers, a supply ship and two submarine rescue ships. the region is more than 200 kilometers east of the islands. three
are investing in battleground states. >> brown: then, speaking of big money, paul solman walks us through those trillions of dollars spent by the u.s. government each year. >> reporter: what you might not know about the federal deficit. a guided tour in and around washington, d.c. with the "wall street journal's" david wesson. >> woodruff: we have another in our series of topics not being talked about in the campaign. tonight's missing issue is europe's debt crisis. >> brown: an ancient and historic city at risk in a modern-day civil war. we look at the destruction in aleppo, syria. >> this is one of the great tragedies. aleppo's an extraordinary cross roads of cultures, religions, all built on a strata of centuries of -- >> woodruff: and ray suarez has the story of a 19th century recording made on tinfoil by thomas edison, digitally converted so we can hear it. >> brown: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: >> computing surrounds us. sometimes it's obvious and sometimes it's very surprising in where you find it. soon, computing intell
ito security failures at the u.s. consulate in libya. >> woodruff: we head to colorado, where the presidential candidates are targeting suburban voters. >> some of the things romney supports, i don't think are conducive to women's issues and as a business owner, i don't think obama is a good choice. >> ifill: outrage in pakistan, after an outspoken 14-year-old was shot by the taliban for promoting education for girls. >> woodruff: and we examine new evidence that lance armstrong was at the center of a sophisticated professional doping program, including testimony from his former teammates. >> ifill: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill: the supreme court heard arguments today in one of the most closely watched cases of the term. it marked a return to the decades-long legal debate over a
ruined us. spain does not respect our culture or our language. this has to stop. our people have tried everything to get along with spain, but ultimately, we had to reach the decision to found a state of our own. >> the regional government of catalonia has voted to bring forward elections to the end of this november. the incumbent president hopes to achieve an absolute majority. one goal of his liberal nationalist party is a popular referendum on catalonia and independence, a shift from the party's previous, more moderate course. >> there's no way back. we know it will be a huge challenge, but there is no other option. otherwise, they would be selling themselves out, and we don't want that. >> not everyone agrees. outside the parliament of the autonomous region of catalonia, outraged citizens staged a protest. they accuse the government of being corrupt and wasting money. local politicians say the protesters are also responsible for spain's pipe -- financial crisis. >> the catalonia government is using the beta of independence to diverted attention from the serious problems that have a
.62 below estimates. yes, google's search engine continues to see more use, but the prices google charges for its core search advertisement product fell. the number of times visitors clicked on search ads was up 33%, but the prices advertisers paid for those clicks was down 15%. >> the inventory how it goes the more clicks there are going to be, the lower it will cost people at the end of the day. >> then there's google's newest division >> tom: then there's google's newest division, motorola mobility. in may, google spent $12.5 billion for motorola's cell phone business. while motorola added more than $2.5 billion in sales in its first full quarter with google, the division still lost money, more than a half-billion dollars. because the news wasn't expected until after the close tonight, trading in google shares was halted for two and a half hours. it restarted with less than an hour before the closing bell, and the stock fell 8%, closing at a five-week low. james dix covers google as an analyst at wedbush morgan. james dix joins us at the nasdaq. i want to start with the ad rates, four
nervous about disclosing the results of their research. >>> u.s. president barack obama and republican challenger mitt romney are warning up for their last debate. they'll go head to head in florida two weeks before the presidential election. obama and romney will debate foreign policy. they are expected to argue over the nuclear program in iran and the civil war in syria. romney has criticized obama for the killings last month in libya. romney may attack the president for his efforts toward more cooperation with the islamic world. they are also expected to argue over diplacy with china. they're running even in several opinion polls. >>> the conflict in syrian is destabilizing the situation in neighboring countries. clashes in beirut and other parts of the nation have led to the death of one person and wounded dozens of others. sympathizers have clashed with security forces in central beirut. fighting broke out on sunday and monday in northern lebanon between groups that support and oppose the government. local media reported exchanges of fire involving automatic weapons and motors. th
. good to have you with us today. ukrainians whore putti their hopes outside parliament. why britons are divided. and god's mission -- a trip along the dutch bible belt. the ukraine has been in a state of political paralysis for several years now. there are power struggles going on on many levels. ukrainians have been waiting to go to the polls for four years, but only now are parliamentary elections taking place. the eu is watching with some suspicion, especially after the controversial jailing ofhe former prime minister. her political archenemy still leads the country as president. and an increasing number of ukrainians are asking themselves who they can trust that all. one thing is clear -- it is not the political elite. >> it is quite an animated evening. an amateur ensembles stages a comedy about marriage, but it is less about love that about the dowry, money, and influence. just like in ukrainian politics says this journast w inved the actors to come to kiev's old market. the building has long since become a symbol. influential businessme want to privatize it, but these people
all out in september, a hopeful sign that the u.s. economy may be picking up. >> tom: i'm tom hudson. ben bernanke defends his strategy at the federal reserve to do more to help the economy. >> susie: and how technology is making it possible for doctors to go paperless. >> tom: that and more tonight on "n.b.r."! >> susie: the first day of the new quarter, kicks off with a blue chip rally. investors were encouraged by a report showing that american factories were busy in september. a popular index of national factory activity rose to 51.5 last month, from 49.6 in august. it was the fastest pace of production since may. but that upbeat news was overshadowed by comments from federal reserve chief ben bernanke, saying the economy is not growing fast enough to bring down the unemployment rate. we'll have more on that in a moment. those two events led to volatile trading here on wall street. the dow rose about 78 points, but was up as much as 155 points earlier. the nasdaq drifted in and out of positive and negative territory, finally losing more than 2.5 points, and the s&p rose almost fo
and more prosperous middle east allied with us. i hope this hope but hope is not a strategy. >> woodruff: with that mitt romney took aim at foreign policy today in a speech at virginia military institute in lexiton, virgia. > when we look at t midd east today, with iran closer than ever to nuclear weapons capability with the conflict in syria threatening to destabilize the region and with violent extremists on the march and with an american ambassador and three others dead likely at the hands of al qaeda affiliates it's clear that the risk of conflict in the region is higher now than when the president took office. >> woodruff: that last point involved the assault on the u.s. consulate in benghazi libya and the death of ambassador chris stevens on the ght of september 11. t adminisation initially blamed an anti-muslim film for inciting the trouble. more recently officials have said new information indicates it was a terrorist attack. today romney again criticized the president's response in libya. >> i want to be very clear. the blame for the murder of our people in libya and the attacks
's good to have you with us. with less than three eks unti election day, polls show divided cturamg religious voters, especially catholics, who have been almost evenly split between president obama and governor romney. on thursday, both candidates attended the annual al smith charity dinner sponsored by the catholic archdiocese of new york. at the usually lighthearted event, both men made jokes at their own expense, but obama ended on a serious note -- >> it's written in scripture that tribulation produces perseverance. and perseverance, character. and character, hope. >>> this week, the u.s. catholic bishops have been urging special prayers for religious liberty. at a mass to open the rosary novena for life and liberty, archbishop william lori said catholics must bring their beliefs to the public square. religion came up briefly at the presidential debate tuesday, when mitt romney made a rare reference to his mormon faith. >> and i believe we're all children of the same god. i believe we have a responsibility to care for one other. i -- i served as a missiony for mchur. i rveds a s
and three quarters of them said it makes us less likely to hire people. i just don't know how the president could come into office, facing 23 million people out of work, rising unemployment and economic crisis at the kitchen table and spend his energy and passion for two years fihting for obama care instead of fighting for jobs for the american people. >> i have my own plans, not the same as simpson-bowles but in my view the president should have grabbed it if he wanted to make adjustments take it, go to congress and fight it. >> that's what we have done, make adjustments and putting it before congress right now, $4 trillion plan. >> you have been president four years, you have been president four years, you said you would cut the deficit in half, we still have trillion dollars deficits, a we will be have a trillion-dollar deficit each of the four years if you are reelected we will get to a $20 trillion debt. >> rose: it will be seen if romney can keep up the momentum. we begin this evening with analysis of chris matthews of msnbc, welcome. >> thank you, charlie. >> rose: as you watched the
, but who is watching us and how much do they know about us? >> ifill: jeffrey brown talks with author bill ivey about his prescription for remaking america's democracy. >> well, i think what we need is to rediscover progressive values and put them forward. i'm arguing for not bigger government but i think different government. >> woodruff: and scott schaefer of public television's kqed profiles a photographer who uses google's street view images to create art. >> you have this distinct feeling of decay. the images almost challenge the viewer. >> ifill: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. and the william and flora hewlett foundation, working t solve soci and environment problems at homand oundhe world. and with the ongoing support of these institutions and foundations. and... friends of the newshour. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill
is much smaller than it used to be, and there are other components in the mix. my hope is this new c.e.o. and its team focus on what they have, avoid a lot of the noise going forward, and maybe coax investors back into the stock. because it has been a very difficult story. >> what about the stock? it was up sharply today. would you buy citi at $30 a share? >> yes. >> is this is turnaround story? >> no. i think it is a speculative story for the simple reason it hasn't been rewarding investors for the risk. you need a big dividend, and a bit more stability in the stock before you can recommend it to retail investor, compared to jp morgan. if you had to choose between the two, you would put them in morgan. >> do you have any disclosures to make, chris? do you own any of these bank stocks? >> no, i don't. i am a banker, but i don't have any personal holdings or any other management. >> great to have you on the show. chris whalen. >> he is author of "bull by the horns," about her front-row experience during the credit crash. she is back with us from our washington, d.c. bureau. sheila, yo
have confirmed. >>> sales clerks across the u.s. have been ringing up more customers at the check out counter. what are we seeing here? >> looks like more americans are loosening up their pursestrings and opening up their wallets because u.s. shoppers were busy again in september pushing retail sales higher for the third straight month. commerce department officials said on monday retail sales reached $412.9 billion last month. that's up 1.1% from august and better than market forecasts of around .7%. sales at department stores fell by two-tenths of a percent but most other retailers saw increases. electronics and home appliances rose 4.5% while gasoline sales were up 2.5%. autos were up over 1%. continued improvement comes after the nation's jobless rate fell below 8% in september for the first time in three years and eight months. market analysts are turning their attention to july to september p figures. they wan to see if the economy can stay on the recovery track. u.s. markets ended higher largely on the back of improvements in the banking sector and economic data. see how all th
heel state. >> ifill: then margaret warner updates the investigation into the assault on the u.s. consulate in libya. >> woodruff: we look at new findings showing australia's great barrier reef has lost half its coral in the last 27 years. >> ifill: and we close with snapshots of three of this year's macarthur genius award winners, each with a unique view of war. >> people tend to look at the military, they tend to look at war and they tend to look at conflict as something very black and white. it's not like that at all. >> ifill: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: creating new enriching experiences. through intel's philosophy of "invest you for the future" we're helping bring these new capabilities to market. we're insting billions of dollars in r&d around the globe to have the heart of tomorrow's innovations. by investing today in technologicalled advances here at intel, we can help make a better tomorrow. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to liv
know, personal loans, what you can tell us about that? >> right. at least at these big companies we're not seeing the kind of growth outside a mortgage that we have seen in recent quarters. loan growth is pretty slow. and the truth is that as a lot of people know and most viewers know, today if you really don't need a loan, if you've got stellar credit, you can get a loan pretty easily. but for many other people it's stillery tough. but the net effect is that outside of mortgage, we're not seeing a lot of loan growth. >> so is this going to be the theme when we get a new batch of earnings next week? we have city reporting on monday, then bank of america on tuesday, also goldman saks and more gag stanley reporting on the investment banking side. what do you think we're going to hear from those companies? >> okay, so it's the inand yang of banking in the world of quantitative easing. on the one side this interest-rate environment is tough. the spread between deposits and loans narrowing. on the other hand there's pret good activity, housing is picking up, credit is getting better. as
. the u.s. economy picks up steam thanks to spending by consumers and the government. >> susie: i'm susie gharib. we take you to a wells fargo event in chicago, where housing grants could turn renters into buyers. >> tom: then, from tax hikes to corporate earnings worries, tonight's "market monitor" guest says investors are facing a cliff of concern. robert stovall of wood asset management joins us. >> susie: that and more tonight on "n.b.r."! >> tom: the u.s. economy actually sped up in the third quarter, surprising economists and maybe youoo. thas to a pick-up in spending by consers, the federal government and the housing sector, the gross domestic product grew at a 2% annual rate in july through september. that 2% pace was stronger than expected and much better than what the economy experienced in the second quarter. suzanne pratt takes a closer look at the data and what it suggests about the economy in the final months of this year. >> reporter: an economy growing at a 2% annual rate is hardly anything to celebrate. sure it could've been worse. but, clearly at three-years post great r
evening i'm susie gharib. u.s. stocks are trading again, after hurricane sandy forces an historic two-day shutdown. >> tom: wall street gets back to business, as damage and recovery estimates start to climb, plus, what it takes to restore power to millions in the northeast. >> susie: and with stocks open for trading, no surprise, home depot was the dow's standout. >> tom: lots ahead, that and more tonight on "n.b.r."! >> susie: an historic day on here on wall street, after the storm of the century knocked down the financial district. us stock markets resumed operations today after two days in the dark, stocks were little changed: both the dow and the nasdaq fell 10 points, but the s&p 500 gained a fraction. trading here at the new york stock exchange opened without a hitch. the new york stock exchange opened right on time. and as new york's mayor bloomberg rang the opening bell this morning, traders were happy to be back to work. it looked like a normal day, with the buzz of activity, traders milling about. it was anything but normal no one knows that better than larry leibowitz, the
! for the second time in three sessions, u.s. stocks suffered a sharp sell-off. prices fell as weak financial results from corporate america fed fear about the global economy. at the closing bell, the dow shed 243 points, the nasdaq lost 26.5, the s&p dropped almost 21 points, sending markets to levels not seen since early september. the heavy selling came after several household names reported weak quarterly financial reports and lowered their expectations for the rest of the year. 3-m, dupont, and xerox were among those releasing disappointing results. erika miller reports worries about revenues have cast a shadow over the profit picture. >> reporter: yes, it's earnings season. but earnings are not the most important indicator this quarter. it's revenues-- how much money a company makes before expenses. >> profits can go down, profits can go up. sales, you want to see nice steady growth. and when you are seeing big drops in revenues and revenu misses, that's definitely a red flag. >> reporter: in the latest quarter, a slew of big name firms have reported higher earnings but lower revenues,
not use the bully pulpit as well as he should have. >> rose: richard nixon said he was devious. >> yes. you can have in great quote that eisnehower was a more devious man than people realized and i mean that in the best sense of the word. and he was being sincere and wasn't being funny it is true, eisenhower was deef you in the best sense of the word. >> rose: devious in what way? >> well, he wouldplay dumb is one thi i love about the guy guy talkable about his confidence, once before a conference his aides are coming and saying mr. president you have to be careful, you have to be careful and eisenhower said don't worry i will just confuse them. and he did. and can you imagine a president today being intentionally kind of confusing and dim-witted, but it was useful for eisenhower. >> rose: something about they don't know how dumb i am or i am dumber than they think. >> he was quoted as a dumb bunny he is not, he used to reached mha but it was effectivto be underestimated and learned that early in life. maybe he carried it too far, his grammar and syntax was not great when speaking when
of the "national law journal" walks us through a term that will tackle affirmative action, and may decide disputes over same-sex marriage and civil rights law. >> woodruff: then we turn to the presidential campaign and the analysis of stuart rothenberg and susan page as the candidates fine tune their messages days before the first debate. >> brown: we zero in on one issue confronting the candidates. hari sreenivasan reports on the safety net program known as medicaid. >> anyone of us at an advanced age really is just one fall away from a broken hip that could end you up in a nursing home. >> woodruff: ray suarez talks with author hedrick smith. his new book explores the dismantling of the american dream for the middle class. >> brown: and we look at oppression and empowerment for women around the world, with journalists and filmmakers nicholas kristof and sheryl wudunn. >> once you give a woman education and a chance to work, she can astound you. >> woodruff: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the
hours. we're happy to have with us now alcoa c.e.o. klaus kleinfeld. >> welcome back to nightly business report. baseed on how alcoa did in the third quarter, how do you think business will be for you for the rest of this year and going into 2013? >> well, it's a miktsed word out there. there's a lot of volatility. we see in the end markets that we confirm, the aluminum market is going to be about growth six percent. we took is down a notch from seven percent. as you just said, this is a decade where aluminum demand has doubled. there's high growth also here in the u.s. and we've seen that in the aerospace industry, very, very nice. we're seeing it in the u.s. automotive segment, very nice, and then there are on the other side -- i mean, coming down. we've seen the heavy truck segment coming down substantially, pretty much in the u.s., and building and constructions on the commercial building and construction side, there's still very little signs of life there. >> susie: you know wha, are your calculus telling you? we hear how businesses are weighed down by uncertainty. are they puting i
a savior-- it could use help and money from softbank. sprint has been struggling for seven years-- a disastrous merger with nextel, and an expensive tab to modernize its wireless network. but sprint insisted today its talks with softbank are in the early stages. "although there can be no assurances that these discussions will result in any transaction or on what terms any transaction may occur, such a transaction could involve a change of control of sprint." reportedly, softbank would invest nearly $13 billion for a majority stake in sprint. that could go a long way to help sprint compete with rivals at&t and verizon, and pay for its investment in mobile broadband provider clearwire. >> i think the one piece of the puzzle with sprint that was always a little worrisome was their investment in clearwire. so to the extent that helps bolster clearwire, could make sprint an even better investment, but we'll have to see how this encapsulates clearwire, if it does at all. >> susie: michael bowen of pacific crest securities has been following this closely and joins us now. >> susie: is t
ghaith abdul-ahad's journey into syria began five weeks ago on a supply route the rebels use to bring weapons from neighboring turkey. >> this is all liberated territory at the moment. >> narrator: the rebels are fighting to overthrow president bashar al-assad. every night the supply route is attacked by his regime's aircraft and helicopters. >> as we're driving, we see another car is coming our way. people crossing back into turkey, refugees. >> narrator: ghaith was on his way to meet up with the rebels who were fighting in syria's biggest city and commercial hub, aleppo. >> this is the most important battle in syria. through the battle of aleppo, we can see the future of the syrian revolution. >> narrator: by dawn, ghaith had reached a rebel staging post just a few miles outside of aleppo. fighters had just arrived fresh from battle. they call themselves the free syrian army. their commander, abu bakri, said they now controlled half the city but that government forces were advancing. >> (translated): the day before yesterday, there was increased artillery shelling and shooting of mo
, ray suarez talks with lauren ashburn and howard kurtz about debate watchers using twitter and other social media. > warner: and gwen ifill sits down with author ted widmer. he's been listening to once-secret tape recordings by president john f. kennedy. >> it's really a remarkable chance for the american people to hear what it is like to be president in a very visceral way. >> woodruff: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: >> computing surrounds us. sometimes it's obvious and sometimes it's very surprising in where you find it. soon, computing intelligence in unexpected places will change our lives in truly profound ways. technology can provide customized experiences tailored to individual consumer preferences, igniting a world of possibilities from the inside out. sponsoring tomorrow, starts today. and the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. and with the ongoing support of these institutions and foundations. and... this program was made po
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